Kriptomat Supported Countries | Supporteded in Your Country?
Mike Harry
Feb 2024
3 min read
Fact checked
Introduction: In this breakdown, we will outline the countries that are supported by Kriptomat, as well as those that are prohibited from using the platform. Whether you are a crypto enthusiast or a potential user, this information will help you understand if Kriptomat is available in your country!
eToro USA LLC: Investments are subject to market risk. Including the possible loss of principal. Don’t invest unless you’re prepared to lose all the money you invest.
Kriptomat primarily targets European countries but its services have extended across the globe reaching users in Australia, the UK, UAE, Thailand, Switzerland, South Africa, Singapore, Japan, Brazil, Israel, and Mexico.
The platform has succeeded in amassing a decent user base with over 500,000 users actively engaging with their services.
Its mobile application has been downloaded over 50,000 times and has received an average rating of 4 stars based on 2,000 reviews.
Kriptomat supports a broad range of digital assets, offering over 350 different cryptocurrencies for trading on its platform.
Kriptomat Restricted & Banned countries
Unless you are a resident in the European Union or live in any of the countries mentioned above, you won't have access to Kriptomat.
Countries that do not have access includes the United States, Canada, Russia and most countries in Asia and Latin America.
Is Kriptomat Licensed & Regulated?
Kriptomat operates as a regulated Virtual Assets Service Provider (VASP) with a strong emphasis on user safety and legal compliance.
It adheres strictly to all relevant Estonian and EU laws, including the 6th Anti-Money Laundering Directive (AMLD6).
The company has implemented its Know Your Customer (KYC) and Anti-Money Laundering and Counter-Terrorist Financing (AML/CFT) policies.
Its group company, FintechX OÜ, is licensed by the Estonian Financial Unit to provide virtual currency services under license No. FVT000310.
Furthermore, FintechX OÜ is registered with the Hellenic Capital Market Commission in Greece as a provider of exchange services between virtual and fiat currencies and also as a custodian wallet provider.
Is Kriptomat available in the US?
At the time of writing, Kriptomat is not available in the United States as it's not registered by FinCEN.
For Americans that want to invest in 100s of digital assets and cryptocurrencies, we recommend FinCEN regulated eToro.
Can I use Kriptomat in UK & Canada?
Kriptomat is indeed available in the United Kingdom making it a convenient choice for UK residents looking to use Kriptomat.
The platform complies with EU regulations and provides users with a reliable and secure environment to conduct their crypto activities.
Moreover, Kriptomat offers support for multiple fiat currencies, including GBP, allowing UK users to seamlessly deposit and withdraw funds in their local currency.
Moving on to Canada, Kriptomat is unfortunately not currently available in this country.
Canadian residents who wish to use Kriptomat or engage in crypto trading using the platform will need to explore alternative options like eToro.
eToro USA LLC: Investments are subject to market risk. Including the possible loss of principal. Don’t invest unless you’re prepared to lose all the money you invest.
